If you read the articles on my blog there is malice towards all – if an investor is getting poor returns there is blame to be spread all around. Obviously there is conflict of interest, sales pressures, excessive loads, high fees, charges not being transparent, etc. However one thing the media surely does not want [...]
Well there is a very old saying ‘Figures do not lie, but liars figure’. NO clue who said it, but it is a line that has been in my training material (on Mathematics) for the past 11 years at least. Lies can take many forms. One is suppressing the truth and one is suggesting a [...]
Not very long ago..perhaps about 7-8 years ago we used to watch who was the second biggest player in the mutual fund industry (sorry my memory with nos. is not so good so it could be 9-10 years ago also). It was a given that UTI would be the number 1 player. For a long [...]
Hi Students of the Graduating class of 2010, Here are some lessons which I wish somebody gives to all graduates. It does not matter whether you are a CA, MBA, a doctor, Engineer or a plain graduate. These lessons are the basics of finance which is nice to know and MUST to implement. Let us [...]
The number of people who advise investors to invest in Index funds is now increasing. Of course many of them are victims of the Great American media program. As long as Prashant Jain, Naren Sankaran, Nagnath, Sukumar are managing funds for me for a 2% fee why should I ‘index’ my portfolio? There are many [...]
If you have grown up in an Indian metro chances are you are dealing with a lot of government run or supported institutions. People do not like or in most cases do not trust those institutions. A bank statement has to be checked regularly to see if some new charges have been added, given a [...]